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Post by scumbuster on May 16, 2016 17:03:02 GMT -5
Colombia introduces $56/month unemployment benefit Colombia on Monday introduced a subsidy for workers who have lost their jobs. The $56/month unemployment benefit can be claimed for six months after losing a job. Until Monday, Colombians who lost their job were left with no subsidy at all, leaving many in imminent financial crises in the event of job loss. The subsidy, however, is only a quarter of minimum wage and insufficient to sustain a single person, let alone a family. The subsidy is meant only for workers who are not already affiliated with the Protection Mechanism for the Unemployed, which guarantees workers’ ongoing pension savings and training. Richer Colombians have the opportunity to close an unemployment insurance, an expense not affordable for the more than 50% of the workforce that works for minimum wage. colombiareports.com/colombia-introduces-unemployment-benefits/
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Post by scumbuster on May 16, 2016 17:06:30 GMT -5
So where is the money for this program coming from? The government is already cash strapped and running a defecate. Will the employers be required to pay this?
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